Regulatory Financial Reporting Analyst

Ofgem; Greater London; Hybrid; GBP 32,000 - 39,000; Full time

Benefits offered by this job

30 days annual leave

Excellent training and development

Civil Service pension

Hybrid working (1 day in office)

Flexible working hours

Family-friendly policies

Job summary

Ofgem is seeking a Regulatory Financial Reporting Analyst to strengthen financial reporting and regulatory expertise within Britain’s energy regulator. You’ll contribute to financial analyses that inform regulation and investment across the energy sector.

You’ll join a collaborative team, develop your finance career, and benefit from a comprehensive package including a Civil Service pension and flexible, hybrid working arrangements.

Qualifications

• Must hold or be working towards a recognised finance qualification.
• Examples: CCAB, CFA or MSc in Finance.
• Relevant finance or commercial experience acceptable.

Responsibilities

• Develop accurate regulatory financial reports and analyses.
• Support investment decisions with clear financial insights.
• Communicate complex financial information to varied audiences.

Skills

Quantitative analysis

Qualitative analysis

Financial communication

Relationship building

Education

CCAB

CFA

MSc Finance

Job description

Accurate financial reporting is essential to understanding how Britain’s energy networks perform and ensuring they deliver value for consumers. Ofgem is looking for a Regulatory Financial Reporting Analyst to develop their financial expertise whilst supporting effective regulation and investment across the energy sector.

Ofgem is Great Britain’s independent energy regulator. We’re at the forefront of change across the energy sector, driving toward Net Zero whilst protecting energy consumers – especially vulnerable people.

This is a permanent opportunity for a finance professional looking to take their career in an exciting new direction. You’ll have the chance to contribute to important work that supports investment across Britain’s energy networks, making a meaningful difference whilst building your experience in a regulatory environment.

You’ll join a friendly and inclusive team of financial experts, gaining exposure to a wide range of knowledge, skills and professional backgrounds. With the opportunity to learn from experienced colleagues and get involved in varied and engaging work, you’ll be enabled to broaden your capabilities, develop new perspectives and build a strong foundation for your future career.

We’re looking for a finance professional who holds or is working towards a recognised qualification, such as CCAB, CFA or an MSc in Finance, or has relevant finance or commercial experience demonstrated through previous performance and achievements. You’ll bring good quantitative and qualitative financial analytical skills, including the ability to analyse complex situations and policy decisions, alongside knowledge of accounting statements and interpreting financial information. Experience of building internal & external relationships at all levels and the ability to communicate complex financial information to different audiences will also be essential.

In return, you’ll have the opportunity to build your skills and experience in a supportive environment, making a meaningful contribution whilst developing your career. Alongside this, you’ll enjoy a rewarding package of benefits designed to support your wellbeing, work-life balance and future.

We have a critical purpose to protect energy consumers whilst enabling vital investment across the sector. Join us and help ensure financial reporting provides the clarity, scrutiny and evidence needed to support sound regulatory decisions.

Person specification

• Have or working towards a recognised finance qualification, eg CCAB, CFA, MSc Finance or have relevant finance or commercial experience, that can be demonstrated by proven record of performance and achievements in past positions (LEAD)
• Good quantitative and qualitative financial analytical skills, analysis of complex situations and policy decisions; (LEAD)
• Knowledge of accounting statements and interpreting financial information;
• Experience of building internal & external relationships at all levels.
• Ability to process and communicate complex financial information and data to varied audiences.

Behaviours

We'll assess you against these behaviours during the selection process:

• Changing and Improving
• Communicating and Influencing
• Managing a Quality Service
• Delivering at Pace

Alongside your salary of £35,232, OFGEM contributes £10,206 towards you being a member of the Civil Service Defined Benefit Pension scheme. Find out what benefits a Civil Service Pension provides (opens in a new window).

Ofgem can offer you a comprehensive and competitive benefits package which includes;

• 30 days annual leave after 2 years
• Excellent training and development opportunities
• The opportunity to join the generous Civil Service pension which also includes a valuable range of benefits
• hybrid working (currently 1 day a week in the office but this is kept under review), flexible working hours and family friendly policies.
• Plus lots of other benefits including clean and bright offices based centrally, engaged networks and teams and an opportunity to contribute to our ambitious and important targets of establishing a Net Zero energy system by 2050.

This exciting blend of professional challenge and personal reward identifies career opportunities at Ofgem as something to get excited about.